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V2 Retail Ltd

Q4 FY26

V2 Retail Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹220
Market cap₹7.9K Cr
P/E53.8
Updated23 Aug 2026
Read4 min read

What the Q4 FY26 call signalled

3 of 4 strong

RevenueStrong growth
MarginMargins steady
CapexCapex planned
FundraiseFundraise planned

The short version

The company is guiding for a robust revenue growth of at least 50% over the next 2 years. Revenue Growth: Targeting at least 50% revenue growth over the next 2-3 years, conditional on continued strong performance and momentum. - EBITDA Margins: Expecting to maintain EBITDA margins at current levels (~9% pre-IndAS), given ongoing expansion with 50% new area additions.

From V2 Retail Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Strong growth
  • The company is guiding for a robust revenue growth of at least 50% over the next 2 years.
  • Targeting to open 170-200 new stores in the current financial year and about 250 stores next year, subject to maintaining profitability and performance.
  • Plans to add 50%-60% new retail area each year, doubling down on expansion while maintaining strong sales per square feet (SSG) growth.
  • Same-store sales growth (SSSG) is expected to be maintained at 8%-10% going forward, independent of new store openings.
  • Expansion strategy focuses on deepening presence in existing states and entering new geographies based on store performance.

2 more points from V2 Retail Ltd's call on revenue

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Profitability & Margins

See what V2 Retail Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • Current CAPEX per new store is around Rs. 2.7 to Rs. 2.8 crores, which includes about Rs. 1.2 to Rs. 1.3 crores for CAPEX and the rest for inventory (Page 7).
  • The company plans to open 170-200 new stores in the current year and about 250 stores in the next year, conditional on maintaining profitability and operating metrics (Pages 7, 14).
  • Expansion is funded through internal accruals and available cash for at least the current financial year; future expansion may utilize more debt if required (Page 7).

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Fundraising & Capital Structure

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Order Book & Pipeline

The transcript from the V2 Retail Limited earnings call does not mention any details about the current or expected order book or pending orders. The discussion primarily focuses on: - Store expansion plans (opening 170-250 stores yearly over the next 2 years), - Revenue and EBITDA margin guidance, - Sales per square feet and same-store sales growth (SSSG), - Inventory management,

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V2 Retail Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025

Reported quarterly figures (₹ Cr). Latest: revenue ₹929 Cr, net profit ₹102 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What V2 Retail Ltd's management said in earlier quarters

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Frequently Asked Questions

What were V2 Retail Ltd Q4 FY26 results?

The company is guiding for a robust revenue growth of at least 50% over the next 2 years. Revenue Growth: Targeting at least 50% revenue growth over the next 2-3 years, conditional on continued strong performance and momentum. - EBITDA Margins: Expecting to maintain EBITDA margins at current levels (~9% pre-IndAS), given ongoing expansion with 50% new area additions.

What is V2 Retail Ltd share price analysis?

V2 Retail Ltd currently shows a strong growth signal based on ranking data. The stock trades at a P/E of 53.8 with a market cap of ₹7,933 Cr. Investors should review the full earnings analysis for detailed insights.

Is V2 Retail Ltd planning capital expenditure?

Current CAPEX per new store is around Rs.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.